Tamwil Al Fellah

Tamwil Al Fellah

Solution of agricultural meso-finance

KEY MESSAGES

- Description: Project to help all small and mid-sized farms with profitable projects and no access to classic financing due to the lack of guarantees; promotion of agricultural investment and thus improvement of income for beneficiary farms- Specificity: Support in the implementation of numerous projects in the frame of the Green Morocco plan Network of 248 agencies of which 7 are mobile to cover the less well-served rural areas- Impact: The number of clients served by TEF has been multiplied by 40 over the 2011 – 2016 period to reach more than 68 000 beneficiaries for a total volume of 80M USD (+61% per year)

FUNCTIONING

VALUE PROPOSITION BUILT ON 5 KEY POINTS:Market knowledge
> Qualified staff, with deep knowledge of the agricultural sector and channels covered
> Regular contacts with customers, on the field
> Watch of agricultural and economic environment to anticipate any evolution

Collaboration with supervising authorities
> Adoption by the Central Bank of specific prudential rules for classification of debts for the subsidiary
> Implementation by the State of a guarantee public fund (FSP1) covering 60% of debts classified as suffering